WorksheetsUnit 16 Practice #1 - Business
Total questions: 15
Worksheet time: 8mins
What type of business person buys large amounts from factories and sells to retailers?
vendor
wholesaler
trademark
What do you call a person who sells a product?
vendor
wholesaler
trademark
If a product is able to be developed, it must have a _____________.
trademark
retail
patent
Who buys from a wholesaler in order to sell to consumers?
trademark
vendor
patent
What does you call an economic situation in which business activity is reduced?
negotiation
recession
retail
What is a part of something?
retail
sector
trade
What do you call a person who buys or sells in exchange for products or goods?
trader
trademark
potential
Trademarks are grades received for selling well.
True
False
Vendors sell products.
True
False
An idea with potential is completely useless.
True
False
Negotiations are meant to lead to a compromise.
True
False
Businesses like to retain customers.
True
False
A larger corporation may buy a smaller business and merge the two together.
True
False
A sector sells products.
True
False
Walmart is an example of a retail business.
True
False
